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DNI Metals Inc.
Summary
| Project: | Vohitsara | |
|---|---|---|
| Deposit: | Vohitsara | |
| Location: | Madagascar | |
| Commodities: | Graphite | |
| Date: | 1/22/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 22-1-2018: DNI Metals Inc. announces an Exploration/Drilling Update report for its Vohitsara deposit at the Vohitsara project. Drilling results incl. 18m @ 8.63% GC from 5.50m. Toronto, Ontario- (Newsfile Corp. - January 22, 2018) - DNI Metals Inc. (CSE: | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Steven Goertz (Internal) | |
| ABSTRACT: | Toronto, Ontario- (Newsfile Corp. - January 22, 2018) - DNI Metals Inc. (CSE: DNI) (FSE: DG7N) (OTC Pink: DMNKF) ("DNI" or the "Company"). DNI Is pleased to announce the following (refer Figures 1 & 2 following): 1. Receipt of the fifth batch of drilling assay results from its recent drilling and trenching programme at its 100%-owned Vohitsara Graphite Project in Madagascar; incorporating five (5) additional assayed drill holes from both the Main and Southwest Zones. All holes were mineralised; 2. Drilling continues to confirm that free-dig saprolitic weathered material has been developed to depths in excess of 30 metres below natural surface; averaging 28m; 3. As previously reported, all drill and trench samples from the 2017 drilling programme have now been received at the Laboratory and further results are expected in the near term. Dan Weir, CEO, commented: “We look forward to additional assays from this recent programme and to moving forward with building the pilot plant/small-scale production at our 100%-owned Vohitsara project, in 2018.” All holes assayed were mineralised. A lower cut-off grade of 3.00% GC was applied to mineralised intercepts. A full listing of all 89 assay results is appended at the back of this document. Disclosure: Note that insufficient geological data currently exist to accurately determine true mineralization widths as compared to intersection widths as listed in Table 1 above. Note also that the intersected mineralization is hosted within weathered in-situ saprolitic material and is known to be broadly disseminated within this regolith horizon in the area currently being tested by drilling. | |
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